[Final] Create a Media NFT Launch Program

Proposed by Jaba#6088 / 0xa79e18260f9b1c7446df13768f4273b6bba9d307

Proposed: Help launch other community's projects with DAO Resources

Edited by AlabasterJefferson from Pre-proposal to follow Securities and Exchange Commission rules

Many NFT's fail before getting started due to a lack of resources. If the long-term goal of the Dino Babies in Space NFT is to create a community around Media NFT's, then we should allow outside projects to pitch the DAO on helping fund and build their projects/communities.

In the same vein as Kickstarter, a crowdfunding platform, mixed with a bit of regular accelerator program due diligence, we can create a proposal process for funding that helps small projects get the promotion and proper strategy to see success.

Structure of the launchpad

Knowing there are hundreds of potential projects started, or attempted every day, the expected volume of applicants is expected to be large. The following rules are in place to support the success of the program:

1. The idea must have a Ziggy Holder act as sponsor to their proposal. It is completely acceptable that the Holder is also a founder.
2. Any project is submitted by a structured form that requires each founding member's eth address, discord profile, and at least one member must be willing to share personal identifying information with the Dino Council in order to verify the project's validity
3. The project must have a roadmap that focuses on some form of media

Every structured proposal will be reviewed by a select rotation of community members and senior leaders of the Dino Babies team unofficially called "The Review Team." If the review team deems the project to qualify for group review, the project will go full community vote for approval. At this point, the Dino Partnerships team will reach out to the requesting team and Sponsoring Ziggy holder to discuss terms of funding.

Terms and Full Community Approval

Both the Dino Partnerships team and Full Community have to agree the project is viable, with agreeable terms of funding. Terms may include any of the following

1. Transferred ETH to the requesting project
2. Development support from the Dino Engineering Team
3. Moderation and community management support from the Dino Community Team
4. Promotional support from the Dino Partnerships and Marketing Team
5. Whitelists for Dino Holders to the requesting project's mint
6. Repayment terms and timeline of funds to the Community Wallet

Any deal once negotiated receives a secondary, accelerated vote on Snapshot from all voters in the DAO

Legal requirements of funding

Due to the nature of accountability in the space, Dino Council members may request personal identifying information of the requesting project. This is to verify identity and form a binding contract with our legal team.

We do not expect every project to require a contract, but some will. This will be entirely around the assistance the team requests.

What you are voting on

You will be voting in a single choice vote on if the Dino Council should form a launch platform. Elements like the proposal process, the proposal form, and requirements to qualify for the proposal will be formed after the agreement to launch.

Expected costs

In order to launch this program, we conservatively believe we will need 4Ξ for formation documents with our legal counsel and boilerplate templating. We do not expect to spend the entire 4Ξ but we want to reserve it.

It is unknown how much a resource request may cost.